Monthly Archives: February 2017

China’s Electric Conversion – The Energy Transition is Accelerating

China is taking a leadership role in solar and wind deployment for electricity generation: this will accelerate the global energy transition from the thermal system. By 2020 solar and wind could supply over 50% of China’s marginal electricity demand, and non-fossil fuels all … Continue reading

Posted in Energy Technology, Oil and Gas | Tagged , , , , , | Leave a comment

US Gasoline Demand – A Prime Driver Reverses

US Gasoline Demand has slumped so far in 2017 – that could start to matter a lot, as it drives global oil demand

Posted in Energy Technology, Oil and Gas | Tagged , , , | 2 Comments

How to Underestimate EV Demand

As the auto industry enters version 2.0, forecasting future sales of EVs is a crucial piece of work. But most projections, especially from the oil industry, use the wrong curve, and so underestimate demand.

Posted in Energy Technology, Oil and Gas, Science and Economics Links | Tagged , , , , | 1 Comment

The First Law of Thermodynamics – Energy Is Becoming a Buyer’s Market

Energy cannot be created or destroyed, but can be altered from one state to another (1). Oil Supply Dwarfs Demand – Official “There is an abundance of oil: known resources today dwarf the world’s likely consumption of oil out to 2050 and … Continue reading

Posted in Energy Technology, Industry Activity, Oil and Gas | Tagged , , , , , , | Leave a comment